Administrator: Cash Book MMH250620-7

Momentum; Centurion; On-site; ZAR 300,000 - 400,000; Full time

Job summary

A leading company in the financial services sector is looking for a responsible and detail-oriented individual to manage premium allocations. This role involves monitoring bank transactions, preparing financial reports, and ensuring compliance with accounting standards. Candidates should possess relevant accounting qualifications and experience in the insurance or financial sector, along with strong client service skills.

Qualifications

• 2 – 3 years relevant experience in a similar/related field.
• Experience in the Insurance or Financial Services industry preferred.

Responsibilities

• Daily allocations of premiums on the bank statement.
• Monthly close off and balancing of the cashbook.
• Building relationships with internal and external stakeholders.

Skills

Knowledge of insurance and investment industry

Financial analysis

Client service

Education

Grade 12 or equivalent

Qualification in Accounting

Job description

Role Purpose

To be responsible for the allocation of premiums on various bank accounts for the Momentum Corporate business book.

Requirements

• Grade 12 or equivalent.
• Qualification in Accounting is preferred.
• 2 – 3 Years' relevant experience in a similar/related field.
• Experience in the Insurance or other Financial Services industry is preferable.
• Knowledge of the insurance and investment industry is preferred.
  
  

Duties and Responsibilities

The Incumbent Will Be Co-responsible For The Following

• Daily allocations of premiums on the bank statement.
• Daily monitoring of the bank mailbox and assisting with queries received.
• Compiling a monthly unallocated report and ensuring that follow ups occur.
• Monthly close off and balancing of the cashbook.
• Preparing monthly balance sheet recons.
• Processing of monthly journals.
• Assisting with any audit query relating to the bank accounts and engagement with the auditors.
• Responsible for processing of payments incl Forex.
• Responsible for the capturing of manual debit orders.
• Build and maintain relationships with internal and external stakeholders.
• Provide accurate financial information.
• Investigate internal client queries within the agreed service levels and ensure that client receives timeous feedback.
• Escalate internal client queries to the relevant department or stakeholder.
• Provide authoritative, expertise and advice to internal clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.
• Identify opportunities to enhance cost effectiveness and increase operational efficiency.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.
  
  

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